Polar Asset Management Partners Inc. bought a new position in Adams Diversified Equity Fund, Inc. (NYSE:ADX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 74,837 shares of the closed-end fund's stock, valued at approximately $1,512,000. Polar Asset Management Partners Inc. owned approximately 0.06% of Adams Diversified Equity Fund at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Quantedge Capital Pte Ltd boosted its stake in Adams Diversified Equity Fund by 40.6% in the fourth quarter. Quantedge Capital Pte Ltd now owns 50,257 shares of the closed-end fund's stock worth $1,015,000 after buying an additional 14,500 shares in the last quarter. Lazard Asset Management LLC lifted its position in Adams Diversified Equity Fund by 5.0% in the fourth quarter. Lazard Asset Management LLC now owns 2,997,278 shares of the closed-end fund's stock valued at $60,545,000 after purchasing an additional 143,863 shares during the last quarter. K2 Principal Fund L.P. bought a new stake in Adams Diversified Equity Fund in the fourth quarter valued at approximately $313,000. Focus Partners Wealth bought a new stake in Adams Diversified Equity Fund in the fourth quarter valued at approximately $972,000. Finally, Cetera Investment Advisers lifted its position in Adams Diversified Equity Fund by 4.8% in the fourth quarter. Cetera Investment Advisers now owns 149,207 shares of the closed-end fund's stock valued at $3,014,000 after purchasing an additional 6,845 shares during the last quarter. Hedge funds and other institutional investors own 28.41% of the company's stock.
Adams Diversified Equity Fund Stock Performance
ADX stock traded down $0.03 during midday trading on Thursday, hitting $20.13. The company had a trading volume of 86,163 shares, compared to its average volume of 255,175. Adams Diversified Equity Fund, Inc. has a 52 week low of $16.50 and a 52 week high of $22.63. The stock's 50 day moving average price is $18.93 and its 200 day moving average price is $20.07.
Adams Diversified Equity Fund Dividend Announcement
The business also recently disclosed a dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, April 29th will be given a $0.46 dividend. The ex-dividend date is Monday, April 28th. This represents a yield of 10.16%.
Adams Diversified Equity Fund Profile
(
Free Report)
Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.
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